Brief: JK Tyre & Industries Announces Completion Of First Phase Of Capacity Expansion Of Radial Tyre Manufacturing Facility

JK Tyre & Industries

29/06/2023 14:40

June 29 (Reuters) - JK Tyre & Industries Ltd  JKIN.NS :
    * ANNOUNCES COMPLETION OF FIRST PHASE OF CAPACITY EXPANSION
OF
RADIAL TYRE MANUFACTURING FACILITY
    * EXPANSION WITH AN INVESTMENT OF 3.12 BILLION RUPEES
    * EXPANSION WILL INCREASE ANNUAL PRODUCTION CAPACITY OF
PLANT BY
31%
    * SECOND PHASE OF EXPANSION IS EXPECTED TO BE COMPLETED BY
APRIL
2024 WITH ADDITIONAL INVESTMENT OF 6.17 BILLION RUPEES

Source text for Eikon:  ID:nNSEZ2Gx0 
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